How a Fed inflation hawk changed his mind

Comments (3)
pimlo wrote:

If you raise interest rates the housing market will crash again, because of the Adjustable Rate Mortgage.

Oct 09, 2012 9:27am EDT  --  Report as abuse
jrj906202 wrote:

Looks like the Fed has no choice.Like the other commenter said,there is no way for them to let interest rates rise to real positive levels.Too much debt.So,they will continue issuing phony,low inflation statistics,while devaluing the fiat currency and stealing from anyone with fiat savings.Dishonest govt leads to dishonest citizens, or is it the other way around?

Oct 09, 2012 12:04pm EDT  --  Report as abuse
MeritMan wrote:

This cheap money policy is killing retirement investments and is creating inflation.

Oct 09, 2012 12:35pm EDT  --  Report as abuse
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